July 13, (THEWILL) - Seven months after its loss in Nigeria, international telecommunication company, Bharti Airtel and three other operators are to participate in the upcoming Fifth Generation network spectrum auction in India
According to a list released by the...
July 13, (THEWILL) – Twitter says it has sued Tesla CEO Elon Musk in the Delaware Court of Chancery for terminating his $44 billion takeover bid.
This development came days after Mr Musk terminated his Twitter takeover deal.
Last Friday, Mr...
July 12, (THEWILL) – A team of Senior Lawyers led by Mr A.M. Makinde has approached a Federal High Court in Lagos, to seek the nullification of the approval given by CBN for the acquisition of Union Bank Plc...
July 12, (THEWILL) – THE Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling its assets in Nigeria to Seplat Energy Plc.
Bloomberg reports that a judge in Abuja granted...
July 11, (THEWILL) – Nigeria’s external reserves added $923 million in the past four weeks ending July 8, 2022 thus reversing the several months of downward trend.
The reserves had, before the rise, declined steadily to $38.421 billion on June...
July 11, (THEWILL) – Nigeria’s 10-year Eurobond closed the first half of the year at a yield of 13.45 percent or $69.8 in unit price, pointing to one of the worst yields in years for the economy.
Sovereign Eurobond yields...
July 11, (THEWILL) – Nigerian Exchange Limited (NGX) has admitted 145,074,002 units of Nigerian Breweries Plc’s shares arising from the 2021 Scrip Dividend Election Scheme into its platform.
The Breweries giant had proposed for shareholders’ approval, the Share for Cash...
July 10, (THEWILL) – Nigeria’s 10-Year Strategic Road Map, anchored by the Nigerian Content Development and Monitoring Board (NCDMB) will impact the Nigerian National Petroleum Corporation (NNPC), which transforms to a limited liability entity this month (July 18, 2022)....
July 09, (THEWILL) – Fidson Healthcare is to pay shareholders over N1 billion in dividend and also issue them one new share for every 10 they own in the company, both representing the planned compensation for holders of its...
July 07, (THEWILL) – Nigeria’s beleaguered power sector has run into deeper troubles as the Federal Government in conjunction with Fidelity Bank and AMCON takes over the affairs of five electricity distribution companies, also known as DISCOs.
This follows lingering...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
